A conversation with corporate thought leaders about the growing awareness of the need for a vigorous supply-chain risk-management effort, and how they're working to achieve that goal.
Iran, Russia and India have revived long-stalled discussions on a multimodal North-South Transportation Corridor linking Mumbai to the port of Bandar Abbas to Moscow. The 4,000-mile route would bypass the Suez Canal, cutting weeks off of the sea route from the Arabian Sea to the Baltic.
Club W, now known as Winc, was launched to provide online consumers with a curated source of fine wines on a subscription basis. But rapid growth was challenging the company's ability to fill orders accurately and efficiently.
With the goal of building up a worldwide network of medium-sized freight forwarders, BuyCo For Growth sought a link to ocean carriers that would provide instant access to schedules, rates and other data critical to the movement of its customers' cargo.
Barcoding, Inc. has launched its Active Asset Tracker (AAT). The tool draws on the internet of things and Bluetooth Low Energy beacons to provide companies with near-real-time visibility of physical inventory.
REZ-1, Inc., a provider of asset management, equipment reservation, billing and reload services to the domestic intermodal industry, has acquired International Asset Systems (IAS), a vendor of cloud-based software for global logistics and transportation management.
The IMO has launched Glomeep.imo.org, a website with information about energy-efficient technologies - covering areas such as machinery, propulsion systems, hull improvements and energy recovery.
For all the talk of "collaboration," the relationship between buyer and supplier in the supply chain is often more like a tug of war: in the end, one side wins, and the other loses.
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China importing more coal and iron ore to combat pollution and poor quality, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.
The latest news, analysis, trends and solutions regarding global trade management software and systems and their impact on supply chain management. New developments in global trade management software - which streamlines logistics and business processes related to cross-border trade - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using global trade management solutions for supply chain optimization.
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